Every music consumer is aware of the ever growing popularity with iTunes and the decreasing interest in physically purchasing CDs. Well this appeals court ruling about the amount of royalties paid to production companies, F.B.T Productions in particular, discusses the financial confusion between the purchase of a physical CD or downloading from iTunes. The amount of royalties paid in CD format versus download format can be anywhere from 12 - 20%. Artists, production companies and many others could potentially lose and/or gain extra finances depending on these decisions. The debated artist within this decision is hip hop superstar Eminem (pictured above).
http://www.youtube.com/watch?v=8hFT85...
It was a dream to "get signed" by a major label, but the internet has changed all that.Music distribution can be accessed through CDBaby and other options. Radio has seemed to be replaced by online sites and social networking outlets like twitter and facebook. In todays music business, buyers are online.That is exactly what the duo of the indie pop group Pomplamoose figured out. They have been viewed over 10 million times on Youtube. Their unique and creative videos called "video song" give the viewer and inside look into how the song was exactly created.There are no hidden sounds and no overdubbing. With programs such as "Online Music Marketing with Topspin" that California Berkeley offers,musicians can now get the hands on education in online music marketing. This is a way musicians can still make a living and not be signed by a big label or go on tours. Allison Trygar
With the growth in music downloading sites like Limewire and the popular torrent site Pirate Bay, record labels are feeling the loss of profit with record sales. Recently, Pirate Bay planned an attack on the Recording Industry Association of America (RIAA) as an attempt of retaliation after the RIAA took action to stop the file-sharing website from providing free access for internet users to music files. Pirate Bay says it will continue to attack other industry websites in order to send out a message that they have no plan in stopping their file-sharing website. File-sharing websites have been more popular over the years, allowing music enthusiasts to have access to their favorite artists with the click of a button. Unfortunately, with this free access to file-sharing, artists are having to make up for their loss of profit in record sales by charging high prices to their concerts and their merchandise. Hopefully record labels will find new and innovative ways to get the public to by their artists records and attend their concerts without paying an arm and a leg.
David Chmura
9/21/10
In addition to the previous post, I found some very good examples of how mainstream music seems to utilize technology to cover up what some consider to just be a lack of talent. Personally I feel that it's not always just that artists suck, but instead that their schedules are so busy, and the demands that are placed on them prevent them from performing at a more professional (or better) level. One "cure-all" that whips out product is this pitch adjuster software talked about in this article. Sadly, as the article states, our generation has grown up with this and we don't really detect it unless we know what we are listening for or know music ourselves. We are essentially being jipped out of real music. Yes classical may be "lame" by the standards of many today, but the incredible talent that went into the composition and performance is definitely something to be missed.
We all know that concerts aren't selling like they used to and that Gen Y's aren't going to as many concerts as our parents did. While working with the Oakland A's this summer, I overheard my coworkers discussing a strategy the SF Giants were using to fill seats and, with further research, found out that it's being implemented to concert tours. As the first article explains, sometimes the demand for an act is different in a different city or a different day of the week. Someone might be more inclined to pay $90 for a Lady Gaga ticket on a Friday night in Los Angeles than those with the option to see her on a Tuesday in Wichita. Not only to mention that if a show isn't selling so hot, prices go down and audience members may be more likely to spend money on merchandise or other extras because the ticket was more affordable. Dynamic pricing will fill more seats and cycle more revenue into the music industry for future generations of music-lovers.
Cameron Nash
Appeals Court says UMG too shady on Royalties
Every music consumer is aware of the ever growing popularity with iTunes and the decreasing interest in physically purchasing CDs. Well this appeals court ruling about the amount of royalties paid to production companies, F.B.T Productions in particular, discusses the financial confusion between the purchase of a physical CD or downloading from iTunes. The amount of royalties paid in CD format versus download format can be anywhere from 12 - 20%. Artists, production companies and many others could potentially lose and/or gain extra finances depending on these decisions. The debated artist within this decision is hip hop superstar Eminem (pictured above).
Cheyne Prock
Music Update 2
[http://www.futureofmusicbook.com/2010/04/videosong-momentum-pomplamoose-powers-innovation-in-new-music-formats/]http://www.youtube.com/watch?v=8hFT85...
It was a dream to "get signed" by a major label, but the internet has changed all that.Music distribution can be accessed through CDBaby and other options. Radio has seemed to be replaced by online sites and social networking outlets like twitter and facebook. In todays music business, buyers are online.That is exactly what the duo of the indie pop group Pomplamoose figured out. They have been viewed over 10 million times on Youtube. Their unique and creative videos called "video song" give the viewer and inside look into how the song was exactly created.There are no hidden sounds and no overdubbing. With programs such as "Online Music Marketing with Topspin" that California Berkeley offers,musicians can now get the hands on education in online music marketing. This is a way musicians can still make a living and not be signed by a big label or go on tours.
Allison Trygar
9/21/10 http://www.bbc.co.uk/news/technology-11371315
With the growth in music downloading sites like Limewire and the popular torrent site Pirate Bay, record labels are feeling the loss of profit with record sales. Recently, Pirate Bay planned an attack on the Recording Industry Association of America (RIAA) as an attempt of retaliation after the RIAA took action to stop the file-sharing website from providing free access for internet users to music files. Pirate Bay says it will continue to attack other industry websites in order to send out a message that they have no plan in stopping their file-sharing website. File-sharing websites have been more popular over the years, allowing music enthusiasts to have access to their favorite artists with the click of a button. Unfortunately, with this free access to file-sharing, artists are having to make up for their loss of profit in record sales by charging high prices to their concerts and their merchandise. Hopefully record labels will find new and innovative ways to get the public to by their artists records and attend their concerts without paying an arm and a leg.
David Chmura
9/21/10
In addition to the previous post, I found some very good examples of how mainstream music seems to utilize technology to cover up what some consider to just be a lack of talent. Personally I feel that it's not always just that artists suck, but instead that their schedules are so busy, and the demands that are placed on them prevent them from performing at a more professional (or better) level. One "cure-all" that whips out product is this pitch adjuster software talked about in this article. Sadly, as the article states, our generation has grown up with this and we don't really detect it unless we know what we are listening for or know music ourselves. We are essentially being jipped out of real music. Yes classical may be "lame" by the standards of many today, but the incredible talent that went into the composition and performance is definitely something to be missed.
Felina Tambakos
9/18/10
Dynamic Ticket PricingTicket Prices
Weak Ticket Sales
We all know that concerts aren't selling like they used to and that Gen Y's aren't going to as many concerts as our parents did. While working with the Oakland A's this summer, I overheard my coworkers discussing a strategy the SF Giants were using to fill seats and, with further research, found out that it's being implemented to concert tours. As the first article explains, sometimes the demand for an act is different in a different city or a different day of the week. Someone might be more inclined to pay $90 for a Lady Gaga ticket on a Friday night in Los Angeles than those with the option to see her on a Tuesday in Wichita. Not only to mention that if a show isn't selling so hot, prices go down and audience members may be more likely to spend money on merchandise or other extras because the ticket was more affordable. Dynamic pricing will fill more seats and cycle more revenue into the music industry for future generations of music-lovers.